Less to lose: Germany’s poorer East embraces tech revolution


  • TECH
  • Friday, 26 Apr 2019

Jenoptik's CEO Stefan Traeger poses on the roof at the company's headquarters in Jena, Germany March 21, 2019. Picture taken March 21, 2019. REUTERS/Fabrizio Bensch

JENA, Germany: From the 12th floor of Jenoptik's headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to "Optics Valley" – a role model for Germany's East in a big year for the region.

Three elections in eastern states this autumn are focusing the minds of Chancellor Angela Merkel and her allies, who want to win over voters unhappy that their living standards still lag the West 30 years after the fall of the Berlin Wall.

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